Omitting balance transfer portions and concentrating on bonus point conditions:

"Bonus Points: Cardmembers will receive a one time bonus award of forty thousand (40,000) points after at least $1000 in Net Purchases (that are not later returned or rescinded) has been charged to the new account in the first ninety (90) days after account opening. These Bonus Points will be posted within approximately thirty (30) days after the qualifying transaction. "

and redemption conditions omitting NFL related:

"3. Redemption Options: Cardmembers may redeem Points for a variety of rewards including Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction."

So as soon as charges of $1000 or over post, within approx 30 days, the bonus posts, that then can be redeemed for past transactions of 90 days that are $25 and over -- but what is not clear is would they count the purchases not in the current statement (they should per past 90 days wording) -- and the last line I italicized seems to be for transactions that are under, so basically if all transactions are 25 and under then you get nothing, nada ...

Arris1

Dismembered Member

posted: Sep. 27, 2012 @ 1:13p

This is an amazing signup deal...I just know I wouldn't use the card at all and would get it only for the bonus...dont know if I want to add another card to my arsenal

EDIT: Screw it I signed up 2.5CL approved immediately, I'll hit the spend and then toss the card.

buno

New Member

posted: Sep. 27, 2012 @ 1:22p

Got need for further review message.. clicked on application status and says they cannot offer me credit card.Is there a reconsideration line to call?

"Bonus Points: Cardmembers will receive a one time bonus award of forty thousand (40,000) points after at least $1000 in Net Purchases (that are not later returned or rescinded) has been charged to the new account in the first ninety (90) days after account opening. These Bonus Points will be posted within approximately thirty (30) days after the qualifying transaction. "

and redemption conditions omitting NFL related:

"3. Redemption Options: Cardmembers may redeem Points for a variety of rewards including Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction."

So as soon as charges of $1000 or over post, within approx 30 days, the bonus posts, that then can be redeemed for past transactions of 90 days that are $25 and over -- but what is not clear is would they count the purchases not in the current statement (they should per past 90 days wording) -- and the last line I italicized seems to be for transactions that are under, so basically if all transactions are 25 and under then you get nothing, nada ...This card appears identical to the Barclays Priceline card, in which case you're absolutely correct. That's why you can structure the purchases as imbatman mentioned above, so that you have a single $410 purchase. Or really any combination of purchases greater than $25 each, which total about $410.

Example: make the purchases below and you should be able to redeem all of them for statement credit.

$123.00$45.89$62.00$179.00

GreedyEbayerApprentice

Senior Member

posted: Sep. 27, 2012 @ 1:38p

Thanks approved for 5k

MilleniumBuc

Senior Member - 1K

posted: Sep. 27, 2012 @ 1:40p

This offer is not available for residents of Iowa or Puerto Rico.

WTF, Iowa?

bullcity

Frivolous Member

posted: Sep. 27, 2012 @ 1:41p

Husband approved for $5k. I got the wait-and-see. Did use the same address for both.

"Bonus Points: Cardmembers will receive a one time bonus award of forty thousand (40,000) points after at least $1000 in Net Purchases (that are not later returned or rescinded) has been charged to the new account in the first ninety (90) days after account opening. These Bonus Points will be posted within approximately thirty (30) days after the qualifying transaction. "

and redemption conditions omitting NFL related:

"3. Redemption Options: Cardmembers may redeem Points for a variety of rewards including Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction."

So as soon as charges of $1000 or over post, within approx 30 days, the bonus posts, that then can be redeemed for past transactions of 90 days that are $25 and over -- but what is not clear is would they count the purchases not in the current statement (they should per past 90 days wording) -- and the last line I italicized seems to be for transactions that are under, so basically if all transactions are 25 and under then you get nothing, nada ...This card appears identical to the Barclays Priceline card, in which case you're absolutely correct. That's why you can structure the purchases as imbatman mentioned above, so that you have a single $410 purchase. Or really any combination of purchases greater than $25 each, which total about $410.

Example: make the purchases below and you should be able to redeem all of them for statement credit.

$123.00$45.89$62.00$179.00

Applied for this, the Delta 70k promo, USBank Checking, and NFCU new account promos in the last week. You can use the Barclays card to fund the USBank Checking account when you get it, knocking out $500.

Arris1

Dismembered Member

posted: Sep. 27, 2012 @ 2:19p

Is it bad to hit the min spend then cancel the card outright?

imbatman

Nerdy Member

posted: Sep. 27, 2012 @ 2:20p

Arris1 said: Is it bad to hit the min spend then cancel the card outright?

"Bonus Points: Cardmembers will receive a one time bonus award of forty thousand (40,000) points after at least $1000 in Net Purchases (that are not later returned or rescinded) has been charged to the new account in the first ninety (90) days after account opening. These Bonus Points will be posted within approximately thirty (30) days after the qualifying transaction. "

and redemption conditions omitting NFL related:

"3. Redemption Options: Cardmembers may redeem Points for a variety of rewards including Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction."

So as soon as charges of $1000 or over post, within approx 30 days, the bonus posts, that then can be redeemed for past transactions of 90 days that are $25 and over -- but what is not clear is would they count the purchases not in the current statement (they should per past 90 days wording) -- and the last line I italicized seems to be for transactions that are under, so basically if all transactions are 25 and under then you get nothing, nada ...This card appears identical to the Barclays Priceline card, in which case you're absolutely correct. That's why you can structure the purchases as imbatman mentioned above, so that you have a single $410 purchase. Or really any combination of purchases greater than $25 each, which total about $410.

Example: make the purchases below and you should be able to redeem all of them for statement credit.

$123.00$45.89$62.00$179.00

So if I just buy two Vanilla Visas at CVS for $500+5.95 + $500+5.95 for $1011.90+tax, I should meet this spend requirement just fine right?

"Bonus Points: Cardmembers will receive a one time bonus award of forty thousand (40,000) points after at least $1000 in Net Purchases (that are not later returned or rescinded) has been charged to the new account in the first ninety (90) days after account opening. These Bonus Points will be posted within approximately thirty (30) days after the qualifying transaction. "

and redemption conditions omitting NFL related:

"3. Redemption Options: Cardmembers may redeem Points for a variety of rewards including Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction."

So as soon as charges of $1000 or over post, within approx 30 days, the bonus posts, that then can be redeemed for past transactions of 90 days that are $25 and over -- but what is not clear is would they count the purchases not in the current statement (they should per past 90 days wording) -- and the last line I italicized seems to be for transactions that are under, so basically if all transactions are 25 and under then you get nothing, nada ...This card appears identical to the Barclays Priceline card, in which case you're absolutely correct. That's why you can structure the purchases as imbatman mentioned above, so that you have a single $410 purchase. Or really any combination of purchases greater than $25 each, which total about $410.

Example: make the purchases below and you should be able to redeem all of them for statement credit.

$123.00$45.89$62.00$179.00

So if I just buy two Vanilla Visas at CVS for $500+5.95 + $500+5.95 for $1011.90+tax, I should meet this spend requirement just fine right?

You would meet the min spend, but you would be able to redeem only 40,000 of your 41,000 points. Barclays has an odd redemption system wherein you can redeem for any purchase above $25. If you have the points to "pay" for the whole purchase, you can do that, but if you do not have enough, you can do a partial redemption ONLY in increments of 2500 poins ($25). So by having a $410 purchase, or purchases that are >$25 each and total $410, you can get the most redemption dollars out of your points.

mrsdealchecker

Frivolous Member

posted: Sep. 27, 2012 @ 2:39p

very weird redemption system!

dpid

Ancient Member

posted: Sep. 27, 2012 @ 2:42p

Bummer, I had opened this card for the $200 in Feb and closed it by May. Highly doubt I would get the bonus if I were to apply now

imbatman

Nerdy Member

posted: Sep. 27, 2012 @ 2:43p

dpid said: Bummer, I had opened this card for the $200 in Feb and closed it by May. Highly doubt I would get the bonus if I were to apply now

if you have a credit inquiry to burn, you could try and report back on the churnability of the card

transdollar

Happy Member

posted: Sep. 27, 2012 @ 2:50p

What the heck, approved for 5.5k.

mathfaster

Cranky Member

posted: Sep. 27, 2012 @ 2:51p

Any issues with Barclay cards and using Amazon Payments to meet the spend requirement?

CowbellMaster

Senior Member

posted: Sep. 27, 2012 @ 2:51p

Thanks, quick $8k approval for the wife... considering doing it myself too but between the discover card "spend $2500/mo" promo and two of these I'd have to really amp up the spending.

Ok, I think I'm up for the challenge.

kn9ght

Member

posted: Sep. 27, 2012 @ 2:58p

mathfaster said: Any issues with Barclay cards and using Amazon Payments to meet the spend requirement?I want to know this also. TIA

jacekrsx

Member

posted: Sep. 27, 2012 @ 3:02p

sweet, instant approval for $5k, I really don't need another CC but I DO need $400 )))))))))))))

kn9ght said: mathfaster said: Any issues with Barclay cards and using Amazon Payments to meet the spend requirement?I want to know this also. TIA

While I don't specifically know the answer - why not just use whatever card you usually use at AP this month that you know will work, and use this card for everyday spending, then when you hit $600, buy a $410 grocery gift card and redeem points for that purchase? 400/1000 is still 40% CashBack.

CowbellMaster

Senior Member

posted: Sep. 27, 2012 @ 3:06p

Is anyone getting any emails from Barclay? Wife was approved and I'm a wait 'n see, and neither of us have received any emails.

gringopapo

New Member

posted: Sep. 27, 2012 @ 3:06p

T&C said: and Cash Back via a statement credit towards any purchase transactions of $25 or more that posted to your account within the last 90 days. Statement credit redemption amount cannot exceed the amount of the qualifying purchase transaction.

Seems to me this means that I can make one purchase >$1000 and then be redeemed for $400 of that purchase by redeeming 40000 bonus points - caveat: after ~30 days from my purchase of >$1000... Hmmm... after 30 days I will have already paid down the balance.

I'm confused on how Barclays redemption system works. My intent with this card is to make a $1500 purchase that I was already planning on making and then putting the bonus points towards that purchase, effectively making my purchase $1100. Could somebody please shed a bit more light on the redemption policy of Barclays?

Yes but I want it all and do not want to give up my 6% on groceries and my 5% back on insurance, utilities, phone with US BANK.

you don't spend $$ anywhere else?

or, you know, you could test AP. do a $5 charge month 1. See what happens. You have 90 days to hit the spend.

Your test transaction is the better option. $400 is a good payback on $1,000 spend. Also forgot about my 5% back on gas with PenFed. I have used AP to drain PenFed rewards cards and AMEX prepaid cards but never used it on a credit card. Do you know of any other cc issuers who do have issues with using AP? Just curious.

Yes but I want it all and do not want to give up my 6% on groceries and my 5% back on insurance, utilities, phone with US BANK.

you don't spend $$ anywhere else?

or, you know, you could test AP. do a $5 charge month 1. See what happens. You have 90 days to hit the spend.

Your test transaction is the better option. $400 is a good payback on $1,000 spend. Also forgot about my 5% back on gas with PenFed. I have used AP to drain PenFed rewards cards and AMEX prepaid cards but never used it on a credit card. Do you know of any other cc issuers who do have issues with using AP? Just curious.

There's another thread dedicated to that question. I've personally never had a problem with any issuer that I've tried.

jatan1986

Broke Member

posted: Sep. 27, 2012 @ 3:27p

CowbellMaster said: Is anyone getting any emails from Barclay? Wife was approved and I'm a wait 'n see, and neither of us have received any emails.I applied in the morning and was instantly approved -- got my welcome email 2-3 hours later

With a lot of people on FW & SD applying it may take a little longer now

Not sure how long it takes for people who got the manual review message -- someone posted a phone number earlier that you can call the next day to find out or just wait it out a few days for a response

mathfaster

Cranky Member

posted: Sep. 27, 2012 @ 3:30p

CowbellMaster said: Someone needs to mock up a 1st World Problem meme.

This is fw after all.

dukerau

Senior Member - 1K

posted: Sep. 27, 2012 @ 3:30p

mathfaster said: Any issues with Barclay cards and using Amazon Payments to meet the spend requirement?No. I (unfortunately) jumped on the 20K offer several months ago and signed my wife up last month as well. I ran the initial $202 charge through AP as well as $1K a month for 3 months for the additional 20K promotion they sent me. No issues.

imbatman

Nerdy Member

posted: Sep. 27, 2012 @ 3:34p

jatan1986 said: CowbellMaster said: Is anyone getting any emails from Barclay? Wife was approved and I'm a wait 'n see, and neither of us have received any emails.I applied in the morning and was instantly approved -- got my welcome email 2-3 hours later

With a lot of people on FW & SD applying it may take a little longer now

Not sure how long it takes for people who got the manual review message -- someone posted a phone number earlier that you can call the next day to find out or just wait it out a few days for a response

I pretty much always get manual review message. Last time I received confirmation email from Barclay's 10 days after applying for the card (for the US Air card). This spring my wife got manual review on NFL card - received confirmation email around 36 hours after applying.

barbcole

Senior Member

posted: Sep. 27, 2012 @ 4:11p

Applied, got the wait message. Called and spoke to an analyst that approved me for $5K Signature in just a few seconds.

So far the only email I've gotten is the "we will let you know" message, but the account is already showing up when I login online.

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